Fri, Oct 31, 2014
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

KB director urges new hedge funds to offer unique alpha proposition

Tuesday, April 30, 2013

amb
Phillip Chapple
By Beverly Chandler, Opalesque London:

Life is busy for Phillip Chapple, Executive Director with KB Associates UK who has already seen 59 potential hedge fund launches so far this year, even though he deems only eight are viable as new businesses.

KB Associates is a boutique operational consulting firm with offices in the Cayman, Dublin, London, Luxembourg and New York advising managers on operational and compliance issues relevant to the establishment and ongoing management of offshore investment funds.

Chapple arrived in 2010 to build KB’s London business. The firm has its roots in the Dublin fund sector, acting as a one stop shop for funds wishing to launch in Ireland. However, the business model changed about five years ago when hedge fund managers based in London started to ask for support. "We decided to become more jurisdictional neutral" Chapple says. "I started up a different service helping start up hedge fund managers to build their whole infrastructure with investor requirements in mind, driven by the fact that a lot of prime brokerage teams had been slimmed back but investor expectations had gone up."

The new business, preparation for due diligence, covers whatever it takes to make potential investors in new hedge funds comfortable. "It’s a new area mainly driven by the fact that the industry has changed aggressively post Madoff and Lehman." Historically......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Macks aim to raise $750m for real estate debt fund[more]

    From Therealdeal.com: Father-son duo William and Richard Mack and former Blackstone Group managing director Peter Sotoloff are starting a new real estate debt fund. Together, the trio hopes to raise more than $750 million for the private equity fund, according to the Wall Street Journal. The fund wi

  2. Commodities - Oil wreaking havoc on small-cap energy stocks sliding 36%[more]

    From Bloomberg.com: Owning almost anything in the U.S. stock market has been a losing proposition since September. Owning smaller energy companies has been a catastrophe. Hercules Offshore Inc. and Resolute Energy Corp. are among 19 oil-and-gas equities in the Russell 2000 Index that lost more than

  3. Investing - Hedge funds favor equity long/short, Strategic bond managers hedge against further high yield sell-off[more]

    Hedge funds favor equity long/short From Securitieslendingtimes.com: Equity long/short strategies will generate good returns for hedge funds in the future, according to a panel at this year’s Risk Management Association Conference on Securities Lending in Naples, Florida. Panellists Sand

  4. Legal - Ex-hedge fund analyst weeps as judge hands down 5 year sentence, Former Columbus investment manager Steven P. Moore indicted on theft charges, SEBI confirms ban for Hong Kong hedge fund, SEC announces enforcement action against compliance officer[more]

    Ex-hedge fund analyst weeps as judge hands down 5 year sentence From Hereisthecity.com: An ex-hedge fund analyst was sentenced to 5 years in prison for his role in insider-trading scheme. The New York Post reports that former hedge fund analyst Matthew Teeple was sentenced Thursday to fiv

  5. Manager Profile - Seth Klarman: Lessons for retail and institutional investors[more]

    From Valuewalk.com: Seth Klarman is virtually unknown outside value circles, despite his impressive record and value of assets under management. On average Baupost has returned 19% p.a. despite holding a large portion of its assets in cash. During the financial crisis, Seth Klarman’s funds lost some